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Marco Polo Marine
Broker's Calls
UOBKH downgrades Marco Polo Marine to 'hold' with higher TP of 4.8 cents
The analysts note that Marco Polo’s business has stayed resilient amid the uncertain macro environment.
December 07, 2022
Offshore & Marine
Marco Polo Marine eyes Japan next following Taiwan for offshore windfarm supporting businesses
Marco Polo Marine has signed an MOU with a "K" Line subsidiary
December 06, 2022
Results
Marco Polo Marine's FY2022 earnings jump on higher chartering income
We are committed to targeting our collective efforts and resources towards meaningful change in the renewables sector."
November 24, 2022
Company in the news
Marco Polo Marine to build, own, operate commissioning service operation vessel to support offshore wind farm demands
The vessel, which is slated to be completed in the 1Q2024, will be the first CSOV to be designed in Asia.
September 20, 2022
Broker's Calls
RHB's Seet raises his Marco Polo Marine target price to 5 cents, citing 'inflection point' for earnings growth
"We feel that the inflection point for Marco Polo Marine is finally here"
August 30, 2022
Company in the news
Marco Polo Marine's former executive chairman to purchase 121.8 mil shares in the company at 3.3 cents apiece
Following the purchase, Lee will hold a direct stake of 148 million shares, or 4.19% of the company’s total share capital.
August 23, 2022
Results
Marco Polo sees revenue more than double; gross profit jumps nearly 3x y-o-y in 3QFY2022
The company says it has seen improved performance across all its segments.
August 18, 2022
Insider moves
Southern Packaging Group shareholder and ex-Marco Polo chairman up respective stakes
There had been scant movements by insiders of Southern Packaging
July 20, 2022
Broker's Calls
UOB Kay Hian ups Marco Polo Marine's TP to 4.3 cents on higher activity in the offshore sector
UOB Kay Hian analyst Clement Ho is positive on Marco Polo Marine's prospects for several reasons.
June 17, 2022
Broker's Calls
Marco Polo Marine’s turnaround on track, better performance to come: RHB
Improving Covid-19 situation in Taiwan is likely to speed up the progress of MPM winning new renewable energy projects.
June 03, 2022